Eidesvik Offshore announces new construction support vessel

The new CSV will have similar specifications as the vessel Eidesvik currently has under construction together with Agalas at the Sefine Shipyard in Turkey and reaffirms Eidesvik’s commitment to expanding its fleet and supporting the growing vessel demand in the subsea and offshore renewables markets.
This new vessel will also be built at the Sefine Shipyard, with delivery scheduled for spring 2027. It will be specifically equipped to perform inspection, maintenance, and repair (IMR) work. Upon delivery, it will enter into a five-year time charter with Reach Subsea, with options for two extensions of one year each. Full management of the vessel, including crewing, will be provided by Eidesvik.
The vessel will be two-thirds owned by an entity owned by Eidesvik and Agalas, controlled by Eidesvik, and one-third owned by Reach Subsea. The partnership builds upon the strong existing collaboration between the three companies. Eidesvik currently co-owns one vessel with Reach Subsea and another with Agalas.
Flexibility and green technology
“Eidesvik is delivering on our growth strategy, and we are pleased to announce yet another expansion to our fleet,” said CEO of Eidesvik Offshore, Helga Cotgrove. “This vessel is designed to meet the demands of both the oil & gas sector and the offshore renewables industry, allowing us to capitalize on market opportunities in both these sectors”.
“We are pleased to add a new, modern vessel to our fleet, strengthening our capabilities with advanced and efficient technology. The fact that our trusted partner, Eidesvik will be co-owning and managing the vessel ensures continuity, professionalism, and a strong cultural fit—providing the reliability and expertise that align with our way of working”, said Jostein Alendal, CEO of Reach Subsea.
“Developing another newbuild with a time charter contract in the subsea segment is an important milestone for Agalas. Doing this together with our strong partners, Eidesvik and Reach Subsea, is especially rewarding, ensuring a market-leading vessel and top-quality operations,” says Mats Nygaard Johnsen, CEO of Agalas.
The vessel, designed by NSK Ship Design, boasts a highly flexible and advanced structure. It has an overall length of 99.9 meters, a breadth of 21 meters, and accommodation for up to 100 personnel. Equipped with a 150-metric tonne heave-compensated crane and a spacious deck area of approximately 900 square meters it is well-suited for conducting IMR and construction work.
Further enhancing its capabilities, the vessel will feature an innovative remotely operated vehicle (ROV) launch and recovery system (LARS) and will be prepared for operations in the deep-water seabed survey market.
Related News.
September 25, 2026
ISLAND OIL: Unveiling of the Sculpture “Cyprus’s Journey Through the Ages” in Protaras – A Tribute and Landmark to Cyprus’s Historical Memory and Cultural Heritage
In a modest ceremony marked by a moving atmosphere, the sculpture “Cyprus’s Journey Through the Ages”, created by acclaimed Cypriot sculptor…
September 25, 2026
World Maritime Day 2026 from Policy to Practice – powering Maritime Excellence
Global regulations will deliver safer, more resilient shipping when they are implemented worldwide. The international maritime community marks…
September 25, 2026
Diana Shipping announces Time Charter Contract for m/v DSI Polaris with Dai An Ocean Shipping
Diana Shipping , a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a…
September 25, 2026
Chief Economists Expect Global Economy to Stabilize, but Fiscal Constraints, Rising Living Costs and AI Investment Uncertainty Threaten Growth
The global economy is stabilizing, but the fiscal support that cushioned successive shocks since 2020 is unlikely to play the same role in the year…
September 25, 2026
V. welcomes its new graduate cohort as programme expands across the group
Twelve graduates from nine nationalities join 11th year of V.’s expanded international management programme. V., the global ship manager and marine…
September 25, 2026
From Policy to Practice: Why Seafarers Are the Key to Maritime Excellence
The shipping industry is no stranger to regulation. Seafarers and ship operators work within a vast framework of international conventions, national…
September 25, 2026
Intermodal Report – Week 38 2026
Please find below the Intermodal market report for week 38 2026. Intermodal Report Week 38 2026 Market Insight By Nikos Tagoulis, Head of…
September 25, 2026
Allied – Weekly Market Review – Week 38
Please find below the Allied Weekly Report for Week 38 | 2026 ALLIED - Weekly Market Report- Week 38
September 25, 2026
Record year on the Northeast Passage but Arctic shipping remains very limited
In 2025, a record 103 transit voyages were made via the Northeast Passage. However, this is still equivalent to only around a day and a half of…
September 25, 2026
[xclusiv] S&P Report 21th September 2026
Please find below the [xclusiv] latest Weekly S&P Report [xclusiv] 2026_09_21 Market Commentary: VLCCs: Freight Boom Reprices the Fleet The VLCC…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























